Friday, January 25, 2019

Old Town Monrovia Businesses Are Important

By Christine Young


Monrovia is not a new city. It has existed for more than a century. It will also continue existing for the foreseeable future. This city is found in the state of California. This is the biggest state in the United States of America in terms of GDP, landmass, as well as population. California plays an important part in the Union. It is hard if not impossible to imagine an America without the state of California. Old Town Monrovia is part of the city of Monrovia. There are a number of Old Town Monrovia businesses.

Monrovia has a rich history that spans over close to a century. Since time immemorial, people have always been doing business in Monrovia. That is still the case in the present day. The spirit of entrepreneurship should be encouraged. A country is just as successful as its entrepreneurs. That is the reality. It is the truth. As a matter of fact, commerce is the lifeline of California.

Entrepreneurship is not a luxury. It is a basic need. The importance of entrepreneurship in the modern day society should never be underestimated at any moment in time. It needs to be given the seriousness that it deserves. Businesses in California make it possible for Americans to obtain products and services that are needed for basic survival. Actually, people in America have basic needs.

There are entrepreneurs who deal with supplying consumer goods. These are considered as basics. There are three basic human needs. They are water, food, shelter, and clothing. These are usually supplied by enterprises. A person can only survive a few days without water. One needs to eat so that to be able to do anything. Clothing is used to cover nakedness.

Businesses are also important because they create new jobs. Every year, American businesses normally create millions of jobs. That is the reason why the United States of America has one of the lowest unemployment rates in the world. In America, it is easy to find a well paying job. That is a reality that many Americans are aware of.

A California business will also pay taxation to the state as well as the federal government. There are a number of taxes that entrepreneurs usually have to pay. Corporate taxation is usually paid on the profit that is earned at the end of the financial year. Withholding tax is a tax that is usually levied on the dividends that are paid to shareholders.

Taxation is not a burden. It is a responsibility. Every American citizen and business is responsible to pay taxation. So that to continue enjoying the benefits of peace and stability, a government requires taxation revenue. This revenue is used to pay the police as well as the armed forces of the United States of America. It also pays elected officials.

Starting a business is one of the most important decisions that a person can make. Life is all about decisions. One has to make the right decisions so that to be able to succeed in life. An enterprise will require a unique business name. This is a name that is currently not being used by another business.




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